Trade Nation, a forex and contracts for differences (CFDs) brokerage, has promoted Richard Nathan as its Chief Executive Officer for the Bahamas region. Nathan has been the firm’s Head of Customer Success since April 2019.

Nathan announced his appointment on Monday through LinkedIn, noting that he has “moved out to Nassau in the Bahamas to take up the position.” The new chief executive brings over a decade of relevant industry experience to the new role and hopes to strengthen the brokerage’s presence in the Island country.

The Bahamas is one of the most popular offshore regulatory jurisdictions for forex brokers alongside Vanuatu, the Cayman Islands, Seychelles and Mauritius.

An Experienced Executive

Over the past 14 years, apart from Trade Nation, Nathan has worked for at least three financial organizations: Acetop, Hartmann Capital and ETX Capital (which rebranded to OvalX in March last year but shut down this year after selling its client asset to rival Capital.com).

Before joining Trade Nation in April 2019, he worked as the Head of Commercial Strategy at Acetop Financial, a forex, CFDs and spread betting provider. According to his LinkedIn profile, Nathan helped set up Acetop.

However, before Acetop, the executive helped in establishing commodities, forex and options derivatives execution services at Hartmann Capital. At the firm, Nathan “managed all aspects of a successful new high touch voice and electronic broking business, supported by full client service catering to high net worth (HNW) and institutions flows,” he wrote in his LinkedIn profile.

Nathan joined Hartmann Capital in 2012 after he was sourced alongside another senior trader to help build the business from the ground up. At Harmann, he served as the Head of High Net Worth Trading between July 2012 and July 2014.

The executive spent his early career years in sales and marketing leadership roles for small and medium-scale firms before joining ETX Capital in April 2008 as the Reconciliations Team Lead. He developed to become a Senior HNW Trader in May 2009 before leaving for Hartmann Capital.

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